Archer Aviation doubles down on defense aircraft with $300M raise

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Escalating geopolitical tensions and a new administration with a hawkish defense agenda have led many startups to embrace dual-use strategies to secure revenue through military applications. It’s a trend that is already heating up in aerospace.  

Take Archer Aviation, a California-based startup building eVTOLs (electric vertical takeoff and landing vehicles). Until very recently, Archer’s go-to-market strategy was an air taxi network across several cities in the U.S. and abroad. 

Archer’s focus is now more acutely on defense, and it…



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Archer Aviation doubles down on defense aircraft with $300M raise


Escalating geopolitical tensions and a new administration with a hawkish defense agenda have led many startups to embrace dual-use strategies to secure revenue through military applications. It’s a trend that is already heating up in aerospace.  

Take Archer Aviation, a California-based startup building eVTOLs (electric vertical takeoff and landing vehicles). Until very recently, Archer’s go-to-market strategy was an air taxi network across several cities in the U.S. and abroad. 

Archer’s focus is now more acutely on defense, and it…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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